Anyone going to ALL CASH yet? - GoFuckYourself.com

Forest · 03-23-2020, 09:12 AM

I’m Seriously thinking about it. Took most of my gains in January

geirlur · 03-23-2020, 11:10 AM

No, many places here won't accept cash to avoid getting infected by virus xD

slapass · 03-23-2020, 11:17 AM

I did that last oct as I sold my business. Timing sometimes.

Klen · 03-23-2020, 01:30 PM

Why? You think banks will bankrupt ?

Forest · 03-23-2020, 04:34 PM

Quote:

Originally Posted by Klen

Why? You think banks will bankrupt ?

I didn’t mean cash under the mattress I meant getting out of stocks and bonds in case there is a depression. Goldman Sachs is calling for a 24% retraction in the US economy. That’s a Great Depression.

mce · 03-23-2020, 05:37 PM

Cash out now because the DJIA still has a lot of air in the bubble

I believe the 'natural' price of the DJIA is around the 9000 mark (as measured by actual productivity)

jscott · 03-24-2020, 02:12 AM

whatever you do, don't get stuck bagholding cash

Forest · 03-24-2020, 01:23 PM

Quote:

Originally Posted by mce

Cash out now because the DJIA still has a lot of air in the bubble

I believe the 'natural' price of the DJIA is around the 9000 mark (as measured by actual productivity)

I’m waiting until congress passes the stimulus. Today’s bump was hope for it happening. May get another 1500-2000 points from the actual deal. Then I go to cash.

Goethe · 03-26-2020, 03:28 AM

Why cash? They’re printing more of it than toilet paper at the moment. Toilet paper will be more than cash soon, if it’s not already

Klen · 03-26-2020, 03:30 AM

Quote:

Originally Posted by Forest

I didn’t mean cash under the mattress I meant getting out of stocks and bonds in case there is a depression. Goldman Sachs is calling for a 24% retraction in the US economy. That’s a Great Depression.

Majority of company stocks will go down but relevant companies which profits going up thanks to corona situation are good investment choice. For example, zoom video communications company.

george MH · 03-27-2020, 07:17 PM

Quote:

Originally Posted by Goethe

Why cash? They’re printing more of it than toilet paper at the moment. Toilet paper will be more than cash soon, if it’s not already

I agree

jscott · 03-27-2020, 07:43 PM

Investing in dollars for long term is like knowingly investing into stock for a failing company

GAMEFINEST · 03-27-2020, 07:56 PM

I think we will see a bump Monday, then i will think about selling

Forest · 03-29-2020, 03:13 AM

Quote:

Originally Posted by GAMEFINEST

I think we will see a bump Monday, then i will think about selling

I sold the second up day this week. Got out even money over the last five years. Better than taking the losses coming I guess

03-23-2020, 09:12 AM	#1
Forest Confirmed User Industry Role: Join Date: Aug 2001 Location: Hollywood Fl. Posts: 8,973	Anyone going to ALL CASH yet? I’m Seriously thinking about it. Took most of my gains in January

03-23-2020, 11:10 AM	#2
geirlur Confirmed User Industry Role: Join Date: Aug 2001 Location: Æøå Posts: 2,000	No, many places here won't accept cash to avoid getting infected by virus xD __________________ Make some easy pay per click money with Exoclick

03-23-2020, 05:37 PM	#6
mce Confirmed User Industry Role: Join Date: Jun 2012 Location: All Over Posts: 3,917	Cash out now because the DJIA still has a lot of air in the bubble I believe the 'natural' price of the DJIA is around the 9000 mark (as measured by actual productivity) __________________ Pay Virtual Assistants Based on RESULTS instead of TIME STOP getting FUCKED IN THE ASS by your VA

03-26-2020, 03:28 AM	#9
Goethe So Fuckin' Bored Industry Role: Join Date: Nov 2014 Location: Across the Universe Posts: 1,085	Why cash? They’re printing more of it than toilet paper at the moment. Toilet paper will be more than cash soon, if it’s not already __________________ yes

03-27-2020, 07:56 PM	#13
GAMEFINEST Make STACK$ Industry Role: Join Date: Nov 2006 Location: sexy time Posts: 14,418	I think we will see a bump Monday, then i will think about selling __________________ Compound interest.

03-23-2020, 11:17 AM	#3
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,627	I did that last oct as I sold my business. Timing sometimes.

03-23-2020, 01:30 PM	#4
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	Why? You think banks will bankrupt ?

03-24-2020, 02:12 AM	#7
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	whatever you do, don't get stuck bagholding cash

03-27-2020, 07:43 PM	#12
jscott So Fucking Banned Industry Role: Join Date: Feb 2001 Location: Taipei Posts: 25,198	Investing in dollars for long term is like knowingly investing into stock for a failing company